The delegation consisting of members of Marathi Bandhkam Vyasayik Association (Maratha Construction Business Association) ( MBVA) visited Azerbaijan  in order to explore possibilities of joint projects and mutual investment opportunities in Azerbaijan. During the visit, Indian businessmen were acquainted with architecture pieces in Baku, innovations in our country’s construction sector and real estate market. For this purpose, Azerbaijan-India Business Forum was organized by the National Confederation of Entrepreneurs (Employers) of the Republic of Azerbaijan at Fairmont Baku Hotel. During the event, presentations were made on current state of entrepreneurship, investment and partnership opportunities in both countries and discussions held on future cooperation possibilities. to entrepreneurship, measures taken by ASK to attract foreign investments into to non-oil sector of the country and invited Indian businessmen for an active cooperation.

Mr. Vugar Zeynalov spoke about the development trends in the construction sector of Azerbaijan. He informed Indian businessmen about investment procedures, the privileges, as well as existing legislation in our country. Mr. Zeynalov noted that the main purpose of bringing together Azerbaijani and Indian businessmen is to explore opportunities for business cooperation, investment and trade in two countries. He added that joint cooperation would be useful in terms of expanding business relations, attracting mutual investment and establishing joint ventures.

Speaking on the occasion, Ambassador Extraordinary and Plenipotentiary of India to Azerbaijan H.E. Mr. Sanjay Rana touched upon the development of friendly relations between Azerbaijan and India. According to Ambassador, serious political, economic, cultural cooperation and exchange projects are being implemented between two countries. Noting that the Azerbaijani economy is attractive for Indian businessmen, he mentioned that a large number of Indian entrepreneurs are engaged in entrepreneurial activity in Azerbaijan. He also invited representatives Indian Marathi Bandhkam Vyasayik Association to take advantage of these opportunities.  Ambassador emphasized that such meetings would have a positive impact on the further development of relation.

Economic and social development has accelerated the development of construction, urbanization and architecture. Mr. FexriAydemir noted that the country attaches special importance to the preservation and protection of national and historical heritage, urban planning, architectural monuments, natural-cultural landscape, and other reserve areas. It is possible to witness it more clearly in achievements of our country in the recent years, in construction and restoration of architectural monuments. Role of foreign architects are indispensable along with local architects in the preparation of the project documentation of the magnificent architectural facilities built in capital. As a result of the fusion of classic and modernity, Baku has been one of the most beautiful cities in the world.

According to Mr. Sandeep Kolatkar, General Secretary of the Indian Marathi Bandhkam Vyasayik Association, which has more than 350 members, he has traveled to many countries to get acquainted with innovations and trends in the real estate sector. The guest noted that rapid development in Azerbaijan was noticed by the members of the Association and they will get closely acquainted with the real estate sector innovations, the main architectural pieces of the city, urban development process and sustainable development models explore cooperation possibilities in construction .

The event continued with presentations and questions. Then representatives of Indian construction companies visited Crystal Hall, Heydar Aliyev Center, Baku Olympic Stadium and other famous construction sites of Baku.